ARK Invest has announced the selection of SOL Strategies as its exclusive provider for Solana staking. This move signifies growing interest from institutional investors in the Solana ecosystem.
Choice of SOL Strategies
The asset management firm ARK Invest, led by Cathie Wood, has chosen SOL Strategies as its exclusive Solana staking provider. This decision marks a significant step towards institutional adoption of the Solana ecosystem, with over 3.5 million $SOL now under management.
Support from Institutional Investors
This partnership further indicates the increasing interest in Solana from institutional investors. The involvement of a high-profile company like ARK Invest reflects a long-term commitment to the blockchain.
Asset Security Maintenance
By leveraging BitGo's custody platform, ARK Invest ensures top-tier security for its digital assets. BitGo, recognized for its institutional-grade infrastructure, adds a critical layer of trust and protection when handling such large sums of cryptocurrency.
The collaboration between ARK Invest and SOL Strategies reaffirms a strategic approach to staking and illustrates the growing confidence of institutional players in Solana.
